Jenny Strasburg
Moneyish
United Kingdom
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Past articles by Jenny:
Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy prices
Shell's $41.6 billion full-year profit surpassed the London-based company's previous record of $31.4 billion in 2008 → Read More
Europe Fears Widespread Economic Fallout if Russian Gas Outage Drags On
European officials and executives are in suspense this week about whether Russia will resume the flow of natural gas through the Nord Stream pipeline, as worries about potential shortages and rationing rise. → Read More
Shell Says Fuel-Refining Margins Could Add $1 Billion to Quarterly Earnings
Record fuel prices are set to help boost the oil major’s profit, while a resurgence in energy demand lifts the value of its oil and gas holdings. → Read More
Coal Makes a Comeback as the World Thirsts for Energy
Tight supplies of commodities following Russia’s war in Ukraine lead countries back to the dirtiest fossil fuel, despite commitments to tackle climate change. → Read More
Russia Takes Control of International LNG Project
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country’s invasion of Ukraine. → Read More
Russian Gas Cuts Push Uniper Into Bailout Talks
The German utility, one of Europe’s largest, said earnings would be hit hard after Russia’s Gazprom slashed natural-gas deliveries via the Nord Stream pipeline. → Read More
Less Russian Gas Puts Europe’s Winter Fuel Supply in Jeopardy
Russia’s throttling of natural gas to Europe is endangering the continent’s race to sock away enough fuel to ride out next winter. → Read More
BP Bets Big on Giant ‘Green Hydrogen’ Project in Australia
The oil major is taking the lead on one of the world’s biggest projects to produce the alternative fuel, which is in growing demand due to climate change but remains uneconomical. → Read More
Ukraine’s State Energy Company Keeps Russian Gas Flowing as War Rages
An uneasy alliance between Ukraine’s Naftogaz and its Russian counterpart sustains gas flows to Europe and fills government coffers on both sides of the fighting. → Read More
France’s Total Joins Qatar as First Foreign Partner in $30 Billion LNG Project
Qatar tapped French oil giant TotalEnergies as its first foreign partner in a $30 billion liquefied natural gas project, as the Persian Gulf emirate pledges to help Europe secure new supplies of gas as it weans itself off Russian energy. → Read More
Oil Giants to Be Hit by Windfall Tax in U.K.
The U.K. said it would impose a temporary levy on oil and gas producers to help soften the pain of soaring energy prices on consumers, a rare so-called windfall tax aimed at blunting a worsening cost-of-living crisis. → Read More
TotalEnergies to Buy Stake in U.S. Wind and Solar Company in Green-Energy Push
The French energy company said it would buy a 50% stake in Clearway Energy Group in a deal worth about $2.4 billion, the latest move by an oil major to expand in wind and solar power. → Read More
Shell to Sell Russian Retail Stations, Lubricant Business to Lukoil
The oil giant is the latest Western company to find a local buyer for its planned Russia exit. → Read More
Activist Investor Third Point Continues Push for Shell to Restructure
The hedge fund has told clients it has added to its profitable position in the energy giant. → Read More
Shell Takes $3.9 Billion Charge Related to Russia Exit
The oil major is the latest energy giant to document a financial hit from exiting the country following its invasion of Ukraine. → Read More
BP to Take $25.5 Billion Hit From Russia Exit
The U.K. energy company’s accounting charge was related to its decision to exit its Russia holdings, including its stake in Rosneft, and by far the biggest financial hit tallied by companies pulling back from the country. → Read More
As Europe Thirsts for Natural Gas, U.S., EU Signal Support for Long-Term Deals
With Russia moving to pinch natural gas supplies to parts of Europe, U.S. and European Union officials are indicating that they are more open to longer-term deals to ship American fuel across the Atlantic. → Read More
France’s Total Takes $4.1 Billion Charge Related to Russia Sanctions
The energy giant said Western sanctions would affect an Arctic natural-gas project that had been expected to launch in 2023. → Read More
Shell Warns of Up to $5 Billion Hit From Russia Exit
The first-quarter accounting charges follow the oil major’s decision to sever ties with Russia in response to the invasion of Ukraine. → Read More
Will the Ukraine War Push Countries Toward Renewable Energy? Yes—and No
Many countries are speeding up plans to transition to green energy, such as wind and solar power, in their quest to replace Russian supplies. But in the near term, they’re leaning even more on oil, gas and coal. → Read More